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Tokenized assets: Solana upgrade, small-holder share at 13.6%, Ethereum lead

A few numbers help show the state of the tokenized asset market. Tokens held by fewer than five owners account for 13.6% of it. Grayscale also says Ethereum is ahead of other smart contract platforms when it comes to stablecoins and tokenized assets.

Illustration: A pair of hands passes a round token across a table, with a plain wooden house model nearby, in bold black lines.
Illustration

Tokenized assets are traditional or digital holdings recorded as tokens on a blockchain. New figures and commentary this month show how they are spread across networks.

The market share of tokenized assets held by under five owners has reached 13.6%. In other words, a noticeable slice of the market sits with very few holders.

In numbers

13.6%Share with under five holders
$5BTokenized assets on Solana
200msSolana slot time

Grayscale, an asset manager focused on crypto, ranks Ethereum first among smart contract platforms for both stablecoins and tokenized assets. A stablecoin is a crypto token built to keep a steady value, often pegged to the dollar.

Ether$2,223.62down −13.59%over 1 month
$2,573.23$2,223.628 Oct7 Nov

Prices by CoinGecko. Past moves say nothing about future ones.

Also in this story

Solanadown −23.51%1 month

A review of Solana's October upgrade also drew attention to 200ms slots and $5B in tokenized assets. A slot is the short time window in which the network adds a block of transactions.

$1,000 in Ether

Had you put $ into Ether a month ago, it would be worth – now.

From the prices in the chart, before any fees or taxes. Not a suggestion to buy or sell.

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Ether, Solana

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake

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